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Cake - About the company

Cake is a seed company based in New York (United States), founded in 2021 by Skyler Thomas and Misha Herscu. It operates as a Provider of an AI development platform with pre-integrated open-source components. Cake has raised $13M in funding from Gradient Ventures. The company has 256 active competitors, including 23 funded and 9 that have exited. Its top competitors include companies like Hugging Face, Replicate and Flower.

Company Details

Provider of an AI development platform with pre-integrated open-source components. The platform allows users to assemble AI stacks using pre-integrated open-source components. It offers a selection of managed commercial and open-source AI tools with pre-built integrations. The platform provides centralized command over a distributed system, offering oversight and collaboration on AI projects. It supports various AI and ML functions, including generative AI, inference, traditional ML, data engineering, and infrastructure.
Key Metrics
Founded Year
2021
Location
New York, United States
Stage
Seed
Total Funding
$13M in 1 round
Latest Funding Round
Ranked
Employee Count
12 as on Sep 30, 2026
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Cake's funding and investors

Cake has raised a total funding of $13M over 1 round. Its latest funding round was a Seed round on Dec 04, 2024 for $*****. 6 investors participated in its latest round. Cake has 6 institutional investors.

Here is the list of recent funding rounds of Cake:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Dec 04, 2024
2081468
Seed
4895073
1021515
4985258
8366941
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Cake's founders and board of directors

Founder? Claim Profile
The founders of Cake are Skyler Thomas and Misha Herscu. Misha Herscu is the CEO of Cake.
Here are the details of Cake's key team members:

Cake's employee count trend

Cake has 12 employees as of Sep 26. Here is Cake's employee count trend over the years:
Employee count trend for Cake
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Cake's Competitors and alternates

Top competitors of Cake include Hugging Face, Replicate and Flower. Here is the list of Top 10 competitors of Cake, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Hugging Face
Hugging Face
2016, Paris (France), Acquired
Platform offering collaborative tools for sharing and deploying machine learning models
$400M
80/100
2nd
Logo for Replicate
Replicate
2018, Berkeley (United States), Acquired
Provider of a cloud-based open-source platform for machine learning models
$57.8M
70/100
3rd
Logo for Flower
Flower
2023, Hamburg (Germany), Series A
ML framework for federated learning
$24.1M
62/100
4th
Logo for Outerbounds
Outerbounds
2021, San Francisco (United States), Acquired
AI-based open-source machine learning platform
$24M
60/100
5th
Logo for Oumi
Oumi
2024, Seattle (United States), Seed
Open-source AI platform for model development and deployment
$10M
57/100
6th
Developer of reasoning technology designed to advance artificial general intelligence
$5.02M
56/100
7th
Logo for Featureform
Featureform
2020, United States, Acquired
Provider of AI-based open-source platform offering data orchestration
$8.1M
42/100
8th
Logo for Qwen
Qwen
2023, Hangzhou (China), Unfunded
Platform providing a comprehensive range of multimodal perception solutions
-
-
52/100
9th
Logo for All Hands AI
All Hands AI
2024, Pittsburgh (United States), Seed
Open-source software development agent
$5M
51/100
10th
Logo for PyTorch
PyTorch
2016, San Francisco (United States), Acquired
Open source machine learning framework accelerating research and production deployment
-
-
50/100
15th
Logo for Cake
Cake
2021, New York (United States), Seed
Provider of an AI development platform with pre-integrated open-source components
$13M
43/100
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Cake's Investments and acquisitions

Cake has made no investments or acquisitions yet.

Reports related to Cake

Here is the latest report on Cake's sector:

News related to Cake

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FAQs about Cake

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